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Housing Finance FY 2012 pretax profit 7% down and 0.70 dividend
mwekez@ji
#41 Posted : Thursday, February 21, 2013 9:29:56 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
dunkang
#42 Posted : Thursday, February 21, 2013 1:49:11 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
guru267 wrote:
ProverB wrote:
guru267 wrote:
I agree 2013 & 2014 will be much better!

At 20bob P/E is 6.20 and dividend yield is 7%...

Mighty cheap if you ask me!


..just on the line.

..for me..it's a buy @18 or below.. otherwise..will sit out as i've done thus far.


Laughing out loudly This is comedy..

When it was at 15bob guys were telling me stories about waiting for 13bob!

When it was at 17.50bob guys were saying strongly they were waiting at15bob
If A stock is cheap just buy.. You never know what tomorrow will bring!

@proverB, 18 printed, buying? Or are waiting for 15 now?
Receive with simplicity everything that happens to you.” ― Rashi

mwanahisa
#43 Posted : Thursday, February 21, 2013 2:02:31 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
HF will most certainly rebound. The only question is when, not if. You only need to look at the performance in the PBT for the last quarter of year 2012 to see what the performance for 2013 is likely to be, other things held constant.

As long as it remains below 20, methinks it is a steal. Of course it was even better at 15 but couldn't get enough. I am taking the opportunity to add more while it is out of favour.
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